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PETALING JAYA: The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) says it hopes the Finance Ministry and Bank Negara Malaysia can consider extending loan repayment periods to help ease some difficulties faced by civil servants during the Covid-19 pandemic.
KUALA LUMPUR: PRG Holdings Bhd posted a net profit of RM19.4mil in the third quarter ended Sept 30 against a net loss of RM3.9mil in the same period last year.
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has not seen any disruptive withdrawals by its unit holders despite the difficult economic condition currently, group chairman Tan Sri Dr Zeti Akhtar Aziz said.
KUALA LUMPUR: Payment solutions provider Revenue Group Bhd will build a crucial component in payment ecosystem for Payments Network Malaysia Sdn Bhd (PayNet) to be used in Malaysia.
CUTS to the GDP forecast in Malaysia as a result of the Covid-19 pandemic have impacted employment opportunities across all sectors with nearly 90,000 job losses reported so far this year, according to the Social Security Organisation (Socso).
KUALA LUMPUR: The country’s economic performance in the third quarter (Q3) of 2020 is reflective of a solid recovery due to the reopening of the economy after various Movement Control Order (MCO) and better external demand conditions, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
KUALA LUMPUR: The Malaysian banking sector has been proactive in addressing the effects of Covid-19.
KUALA LUMPUR: Malaysia does not have to resort to an unconventional monetary policy as the country's deep bond market and diverse set of institutional investors are enough in absorbing a higher bond supply, said Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus.
KUALA LUMPUR: Everyone, who has been affected by the pandemic, will receive help, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said, quashing misconceptions that are being circulated on targeted repayment assistance.